The Payments Association

FEBRUARY 26, 2025

Faster payments and faster fraud As new payment use cases and systems emerge, they naturally introduce new fraud risks. For instance, decreasing authorized push payment (APP) fraud is still a key priority for the UKs Payment Systems Regulator (PSR) in 2025. Static authentication is a major vulnerability for FIs.

Authentication 88

Authentication Risk Compliance Fraud Prevention 88

Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks.

Fraud Prevention 97

Fraud Prevention Financial Crimes Value Added Service AI 97

Fintech News

DECEMBER 22, 2024

Featurespaces advanced fraud detection and risk-scoring capabilities will be integrated into Visas existing portfolio of fraud prevention solutions. This integration will enable real-time detection of sophisticated fraud attacks while maintaining a seamless user experience.

Fraud Detection 107

Fraud Detection AI Fraud Prevention Value Added Service 107

Bank Automation

FEBRUARY 3, 2025

The tool processes 143 billion transactions annually and uses generative AI to scan 1 trillion […] The post Mastercard taps gen AI for fraud prevention appeared first on Bank Automation News.

Fraud Prevention 52

Fraud Prevention Visa AI Fraud Detection 52

The Payments Association

MARCH 17, 2025

Defining “acceptable risk” in UK payments regulation 13 March 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? How the FCA can define and balance acceptable risk in UK payments regulation to support innovation while ensuring financial stability and consumer protection. What’s next?

Regulations 88

Regulations Risk Stablecoins Payments 88

The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech Finance

OCTOBER 3, 2024

Numerated, the leading AI-driven commercial lending platform, today announced its partnership with Alloy, the identity risk management company trusted by over 600 leading banks, credit unions and fintech companies, to deliver best-in-class fraud checks within commercial lending.

Fraud Prevention 97

Fraud Prevention Risk Management Credit Union Automation 97

Clearly Payments

OCTOBER 30, 2024

Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention. Fraud Prevention and Security Cross-border transactions have higher fraud risks than domestic payments.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Fintech Finance

NOVEMBER 7, 2024

Some of the most recognised scam prevention methods include: questions to make sure the user knows who they are paying (43%) warning statements about fraud risks (41%) and requesting a biometric ID, for example, a fingerprint (38%).

Scams 98

Scams Risk Payments Fraud Prevention 98

Fintech Finance

SEPTEMBER 26, 2024

Justt , a leader in AI-powered chargeback mitigation, today announced a strategic partnership with Ravelin , a global provider of AI-native fraud detection and prevention solutions. According to the Ravelin Fraud and Payments Survey 2024 , 52.4% The solution is now live and available to all merchants on Ravelin’s platform.

Fraud Prevention 98

Fraud Prevention Fraud Detection AI Disputes 98

Fintech News

MARCH 27, 2024

Visa announced the expansion of its value-added services by introducing three new AI-powered solutions aimed at bolstering fraud and risk prevention. The Protect suite is among nearly 200 products under Visa’s portfolio, covering critical areas such as Acceptance, Advisory, Issuing, Open Banking, and Risk and Identity.

Fraud Prevention 105

Fraud Prevention AI Value Added Service Fraud Detection 105

Seon

AUGUST 27, 2024

With fraud losses estimated to cost global businesses billions annually, the need for effective fraud prevention strategies has never been more critical. The webinar discussed the limitations of traditional fraud prevention methods and the necessity of adopting a more proactive, technology-driven approach.

Fraud Prevention 89

Fraud Prevention Risk Money Laundering Continuity 89

The Fintech Times

MARCH 31, 2025

Additionally, it underscores opportunities for stakeholders within the European financial industry to align their priorities for financial crime prevention, collaborate across sectors and borders, and expedite innovation through advanced technology.

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

Fintech News

JUNE 10, 2024

By integrating iPiD’s verification solutions, we empower our clients to comply with critical regulations like the UK’s Confirmation of Payee and SEPA’s Verification of Payee, significantly reducing transaction risks.” said Deya Innab, Eastnets’ Deputy CEO. said Alain Raes, Co-founder and CCO of iPiD.

Fraud Prevention 114

Fraud Prevention Global Payments Payee Verification 114

The Payments Association

MARCH 11, 2025

SEON , the leader in digital fraud prevention and compliance , has announced the release of its ‘ 2025 Digital Fraud Report ‘ , a global fraud, risk and compliance trend survey highlighting fraud prevention strategies, benchmarking efforts and emerging trends shaping 2025.

Fraud Prevention 88

Fraud Prevention AI Compliance Mitigation 88

The Payments Association

MARCH 21, 2025

The Cleafy Fraud Extended Detection and Response (FxDR) platform isnt just another fraud prevention tool; its a shift in how financial institutions think about security. Seeing what others miss Traditional fraud prevention systems have served banks well but werent built for todays attacks.

Fraud Prevention 88

Fraud Prevention Cybersecurity AI Consulting 88

The Fintech Times

MARCH 19, 2025

As well as bank cards, an increasing number of people are using smartphones and watches to make contactless payments Having a contactless limit is important in terms of fraud prevention, but we believe overall limits and the number of times a customer needs to enter a PIN should be determined by industry rather than the regulator.

Contactless Payments 98

Contactless Payments Security Consumer Fraud Prevention 98

The Payments Association

MARCH 19, 2025

Banks clinging to outdated systems risk security breaches, regulatory headaches, and lost market sharemodernisation isnt just an upgrade, its a survival strategy. For years, banks have been reluctant to modernise their legacy infrastructure, believing that change outweighs the risks of staying put.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

NACHA

APRIL 23, 2025

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Fraud Prevention 65

Fraud Prevention NACHA Compliance Risk 65

The Payments Association

APRIL 8, 2025

It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. The discussion covered a wide range of topics, from the increasing diversification of payment methods to fraud prevention and regulatory concerns. Why is it important?

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

Finovate

MARCH 24, 2025

The first full week of spring is bringing news of partnerships in fraud prevention, lending, and insurtech as well as new product launches in regtech and payments. Fraud prevention and identity verification Wisconsin-based community bank IncredibleBank partners with Alloy to enhance its account opening process.

FinTech 85

FinTech Fraud Prevention Encryption Risk Assessment 85

Fintech Finance

NOVEMBER 14, 2024

Fraud prevention and regulatory compliance are the major challenges facing the industry When asked about the top challenges expected for the year ahead, fraud prevention topped the list, with 63% of respondents identifying it as a primary concern.

Payment APIs and Integration 98

Payment APIs and Integration Regulatory Compliance Cross-Border Payments Fraud Prevention 98

The Payments Association

SEPTEMBER 26, 2024

Managing fraud risk is increasingly challenging due to evolving fraudster techniques. Authorised Push Payment (APP) fraud is one of the areas seeing the most increase in recent times.

Fraud Prevention 88

Fraud Prevention Rules Risk Transactions 88

Fintech News

FEBRUARY 4, 2025

As fraudsters adapt to security measures and consumer awareness, it is crucial to examine the most prevalent fraud types, their impact on both consumers and businesses, and the measures necessary to counteract them. Below are the most common types of fraud found now. Figures showing the impact that chargebacks have on Singaporeans.

Fraud Prevention 85

Fraud Prevention Phishing Authentication Disputes 85

The Payments Association

APRIL 8, 2025

The discussion underscored the pressing need for end-to-end visibility, improved fraud detection technologies, and greater collaboration across sectors. Lin Tao ( Prezzee ) highlighted the disproportionate risk her industry faces: Gift cards are inherently attractive to scammers due to their high liquidity and minimal traceability.

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

The Fintech Times

MARCH 28, 2025

To help put a dent in this figure, Creditinfo , a global service provider for credit information and risk management solutions, has launched its global identity, know your customer (KYC), and fraud and ID solution. Creditinfo has appointed Rob Meakin as director of fraud and identity to head up this service.

Financial Crimes 76

Financial Crimes Crime Fraud Prevention Due Diligence 76

The Payments Association

MARCH 20, 2025

Fraud evolves daily, yet legacy systems take months to adaptleaving businesses exposed. Complaers no-code fraud prevention engine puts compliance teams back in control, delivering real-time, hyper-personalised AML/CTF strategies without engineering support. Complaer is changing that. The financial landscape is changing fast.

Fraud Prevention 88

Fraud Prevention Compliance Automation Cross-Border 88

The Payments Association

JANUARY 3, 2025

The discussion underscored the pressing need for end-to-end visibility, improved fraud detection technologies, and greater collaboration across sectors. Lin Tao ( Prezzee ) highlighted the disproportionate risk her industry faces: Gift cards are inherently attractive to scammers due to their high liquidity and minimal traceability.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

The Payments Association

DECEMBER 19, 2024

Dialect, the payments specialist business outsource provider and Synalogik , the data aggregation and fraud prevention platform, are pleased to announce their new strategic partnership. Together, we’re setting a new standard for excellence and innovation in the fight against fraud.

Fraud Prevention 88

Fraud Prevention Money Laundering Financial Crimes AML 88

Fintech Finance

FEBRUARY 5, 2025

Keynote sessions and expert panels will delve into critical themes such as fraud prevention, embedded finance, and sustainability, offering attendees both strategic and practical takeaways. Fraud Prevention and Cybersecurity: Developing robust strategies to mitigate risks in a rapidly digitalising world.

Embedded Finance 75

Embedded Finance Fraud Prevention Payments Cybersecurity 75

Fintech Finance

AUGUST 1, 2024

Featurespace’s Merchant Monitoring solution has been configured for PAYSTRAX to have real-time data analytics, allowing quick recalibration of rules to identify and prevent existing and new fraud forms. The solution also predicts fraud risk on each transaction, generating merchant alerts based on where the fraud occurs.

Fraud Prevention 98

Fraud Prevention Financial Crimes Technology Crime 98

The Payments Association

APRIL 7, 2025

Key findings reveal that fraud remains the foremost concern, with identity fraud being the most common type encountered. The survey also highlights the growing investment in technologies such as AI and machine learning for fraud prevention, as well as the importance of industry collaboration and regulatory updates.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. This process helps reduce the risk of unauthorized transactions and fraud. What is a Bank Identification Number (BIN)?

Process 104

Process Processors Payments Compliance 104

The Fintech Times

APRIL 24, 2024

Financial institutions NatWest has implemented Mastercard’s AI-powered Consumer Fraud Risk solution. Nick Elliot , head of payment fraud, NatWest, commented: “As the sophistication of scams has progressed, so has our real-time monitoring and prevention of fraud.

Fraud Prevention 105

Fraud Prevention Visa AI Scams 105

The Fintech Times

MARCH 12, 2025

A new partnership has been announced between Swedish embedded finance provider Intergiro and SEON , the digital fraud prevention and compliance firm, to improve security in the former’s embedded finance ecosystem and combat growing cyber threats.

Embedded Finance 72

Embedded Finance Finance Deepfake Payment APIs and Integration 72

The Fintech Times

JANUARY 8, 2025

iDenfy , the global fraud prevention identity verification service provider, has filed a patent for technology that verifies a user’s address data. Fraudsters, using forged or altered information, have long been exploiting traditional address verification methods, such as utility bills or other proof of address documents.In

Verification 59

Verification Addressing Fraud Prevention Credential 59

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52